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Environmental, Social & Governance

Environmental Impact

At the Financial Study Association Amsterdam (FSA), we recognise our social responsibility to act sustainably and environmentally conscious. In line with our environmental policy, we have engaged in a significant and special partnership with Holtara. Holtara is a leading ESG consultancy with extensive expertise in carbon footprint analysis and reduction strategies. This partnership marks an important step in our pursuit of a sustainable future.

Why is it important to analyse our emissions?

As an association, we hold a social position in society. This means that we too must take responsibility for the impact of our activities on the environment. By analysing our emissions, we gain a clear picture of our current situation and can develop effective strategies to reduce our ecological footprint.

Our partnership with Holtara

Our collaboration with Holtara is the first step in a multi-year trajectory in which we aim for significant environmental goals. The analysis we conduct with Holtara’s expertise forms the basis of our long-term strategy. This analysis will be conducted according to the following guidelines:

  1. Mapping our current emissions.
  2. Formulating a strategy to minimise these emissions.
  3. Implementing the strategy.
  4. Ultimately aiming to become ‘carbon neutral’.

In addition to focusing on our sustainable efforts, we believe it is crucial to collaborate with Holtara to explore opportunities for enhancing our social and governance standards starting next year.

Principles and Guidelines

Our approach adheres to the GHG Protocol, the global standard for measuring greenhouse gas emissions. It strives for faithful, accurate, and equitable representation of an organisation’s emissions categorised into three scopes. We report emissions using the Operational Consolidation Approach, aiming to incorporate 100% of our activities. Nonetheless, emission sources may be excluded based on the following criteria:

  • Low materiality (negligible effect on the footprint)
  • Low data quality, integrity, or accessibility of information

By adhering to these principles, we ensure that our environmental impact assessments are thorough and accurate, guiding us towards our sustainability goals.

Social Impact

At the Financial Study Association Amsterdam (FSA), we are proud of our partnership with Stichting Move. Move is committed to promoting equal opportunities, civic education, and talent development among children and young people in the Netherlands. Their mission and impact align perfectly with our own values and goals.

Governance Impact

At the Financial Study Association Amsterdam (FSA), responsible governance is an important part of maintaining a professional, sustainable and well-managed association. Our Raad van Commissarissen (RvC) acts as the supervisory body of the FSA, providing oversight, feedback and guidance to the Board.

Building a stronger FSA for the future

Through responsible governance, continuous feedback and a focus on long-term development, the RvC helps ensure that the FSA continues to grow as a professional and well-managed organisation. By sharing knowledge, providing an independent perspective and maintaining continuity between successive Boards, the RvC supports each new Board in building upon the foundations laid by those before them and shaping the future of the FSA.